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The Keynesian Demand for Real Balances Can Be Expressed as

Question 19

Multiple Choice

The Keynesian demand for real balances can be expressed as

A) Mᵈ = f(i,Y) .
B) Mᵈ/P = f(i) .
C) Mᵈ/P = f(Y) .
D) Mᵈ/P = f(i,Y) .

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